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Loss Modeling in T&D Systems: Is $25 Billion Worth Losing?

Energy players can lose a lot more than their shirt if they fail to model transmission losses properly.
Fortnightly Magazine - August 2002

a necessary scheme because these areas rely on the lost energy to serve their native load needs. This seven-day barter of energy is more practical than requiring the control area to purchase lost energy from the spot market and charge the customer for it.

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